If you find yourself at the racetrack looking at the odds of each horse and dont understand anything and youre almost at the tellers window to bet on one dont fret. We will tell you here how to read horseracing odds.
First, do you understand the tote board or even know where it is? Its the big old sign type of thing probably across from where youre sitting with all sorts of numbers and horse names on it. You really cant miss it. On the tote board, you will see the odds for each horse and dont confuse odds with how much youll win if your horse wins. For instance if the horses odds are 7 to 5, that means you will get $7.00 bucks for every five dollars you bet 20 1 will mean $20 bucks for every dollar you bet you get the idea. Keep in mind that almost all horse tracks will have a two dollar minimum bet. Numbers on the tote board are usually rounded off, so pay attention to that too.
To figure the exact odds on your horse, you need to look further at that tote board, basically total win pool and amount bet on the horse. The total win pool is what everyone sitting at the track has bet on your horse (yes, more than one person can bet on a horse). Dont forget this isnt the amount you win if the horse wins it is just all the money riding on that horse. Next, there is a thing called the take. Yep, thats what is taken away from that horses winnings and shoved not into your and your fellow betters pockets. Different tracks have different takes but usually range between a healthy 14 to 20%. We think it should be more like 5%, but we dont own the tracks and someone has to pay taxes, and track upkeep basically you through your betting, but we move on.
Finding your exact odds is easy. You can do this in your head if youre good at head math. Or, you can bring a trusty calculator with you like we do. First, subtract the tracks take from the total pool and then subtract the amount bet on your horse and youll have the exact amount of cash the horse will payout. But wait, were not done yet. After that, you have to divide! Divide that last payout figure by the amount you bet on your horse and you will have the exact odds on your horse! Whew, can you believe some people do this in their head? If you cant really understand this all by reading it, heres a chart!
Total pool amount: $900.00
Total bet on horse: $300.00
Take amount: 15%
Here is the math now:
$900 minus 15% = $765.00
$765 minus $300.00 = $465.00
$465 divided by $300.00 gives you a whopping $1.55!
Simon M Skinner assists withruns internet marketing for BetAmerica - the top online US horse racing betting website.
Okay, you know how to figure the odds on a horse, but what about handicapping? We are here to tell you that it is sort of confusing and a lot of it is luck, but with a little brainpower, we are sure you can figure it out! Let us find out all about horse racing handicapping.
You should follow general tips on handicapping so lets list them out.
Choose a race that fits the horse
It is always good to see which horse is running which race and decide if its a sprint, which are around two to three lengths, to make sure the horse you like has good speed and is able to finish strong.
Look for good match-ups
Don’t randomly bet on every horse just because you like their name or jockey. See what horses are matched up with each other and what their records are. This way you can make good decisions on when to bet and how much you want to bet.
Know how to wager
use your knowledge of the tote board and horse payouts and remember to deduct the track cut to find out how much you would really receive if your horse won. If you bet $2 and end up winning a buck that’s not a good bet.
Understand how horses race
Find horses that are consistent in their performance and play the wait game if you have to. Look at match ups constantly after all if you’re at the track, you probably have the time to sit down and make good decisions right! Learn to pass on a race if it wont payout.
Check out the signs
if you look closely you can find marked signs at each racetrack that tell you with signals if you should play or pass on a race. If you don’t see them ask where they are.
What is the pace shape of the race?
You can ask your buddies how this works, or people at the track, but running styles are usually matched and the pace of each race is matched so find out about these types of races and see if you can bet to win.
The 4 race shapes
there are basically four kinds of race shapes, fast, lone early, honest, and slow. Use these for match up skills to determine if your horse even has a chance to place!
Separate the true contenders from the winners. Don’t waste your time on horses that haven’t won against their match ups.
Race track and field of running
be sure to analyze if the horses are running on turf versus dirt. Find out which horses do well on turf and which on dirt.
Buy a handicapping book
While this sounds like a really simple thing you would be surprised how many people don’t even consider this! Or, if you don’t like to read, find a guy who is always at the track and always seems to do well and pick his brain!
Simon M Skinner assists withruns internet marketing for BetAmerica - the top online US horse racing betting website.
When you play in an online casino, one of the most popular games is the blackjack game. In fact, is the most widely played casino banking game in the world so much so that you will never run out of competition and excitement at this game.
However, you just don’t play the game because you will be losing more than you expected without these tips on how to win at blackjack.
Learn Basic Strategy
Blackjack is a game of mathematics. Gut instinct, hunches, guesses and superstitions have very little, if at all, place in this game that involves math skills, even card counting. Thus, you do have to learn and master the basic play and strategy and you don’t have to secondguess the math.
Know the Dealer Tells
You will need to understand the various dealer tells simply because these help in your game. These are subtle signals made by the dealer than can tell you whether to hit, stand, double down, split a pair or surrender, thereby increasing your chances of winning.
Of course, you have to remember that dealers can fake tells, too. But once you have understood the psychology of tells through constant practice and reading of books on the subject matter, you will discover that the best possible way on how to win at blackjack often boils down to combining your math skills with peoplereading skills.
Know When to Make Your Move
When you have learned basic strategy, you will be able to know when to make your move depending on the cards. This is essential because the wrong move in the right strategy can and will make you lose!
You can follow these basic principles in making your moves:
Hit when your two cards total a 9 or below; stand when it is a hard 17 or higher
Hit when your total is 12 to 16 and the dealer’s upcard is 7 or higher; reversely, stand when the dealer’s upcard is a 6 or lesser
Double down when your total is 10 or 11 and higher than the dealer’s upcard; similarly, double down when your total is a 10 and the dealer has a 7.
Again, you have to leave your guesses ans superstitions outside the door, or in the case of an online gaming casino, by the shredder.
Avoid Insurance Except in Certain Circumstance
This is because insurance is always weighted in favor of the dealer. You will almost always lose on this one, thus, the name sucker bet. You should never ever be a sucker for anything, least of all in a game like blackjack.
The certain circumstance being referred to is in card counting. However, this is beyond the scope of this article so you might be best looking for tips from Ken Uston.
Manage Your Bankroll Wisely
This is a nobrainer. Often, the tips on how to
win at blackjack will include sage advice on managing your bankroll simply because you do not win when nothing is left except the shirt upon your back.
That being said, remember never to play over your bankroll and set limits on what you will lose and earn and stick to them. You will find that winning at blackjack can be a fun thing to do!
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The Triple Crown is one of the most respected and well known horse racing events.
This is something that horse racing enthusiasts and even those who do not follow the sport know about. It is a crowning glory of horse racing and winners of the Triple Crown are highly regarded in the sport.
The Racesrefers to three races, the Kentucky Derby, the Preakness Stakes, and the Belmont Stakes. They are run in that order. When a horse wins all three races, they are a Triple Crown winner and become a legend.
The Triple Crown starts in May on the first Saturday with the Kentucky Derby. The Preakness is two weeks after. finishes in early June with the Belmont Stakes.
The Kentucky Derby is a quartermile track located at Churchill Downs in Louisville, Kentucky. The Preakness Stakes is 1 3/16 miles long held at the Pimlico Race Course in Baltimore, Maryland.
The Belmont Stakes is a half mile track at Belmont Park in Belmont, New York. Horses must run in all three races to qualify to be the Triple Crown winner.
There have only been 11 Triple Crown winners with the last winner being in 1978.
Sir Barton
The first winner of the Triple Crown was Sir Barton in 1919. The phrase Triple Crown was not created at that time, but he was the actual first winner of all three races.
Gallant Fox
Gallant Fox was the first winner to actually be called the Triple Crown winner. He won in 1930. Gallant Fox was one of the streak of winners in the 1930s and 1940s. He is also the only winner to sire another winner, Omaha.
Affirmed
Affirmed was the last horse to win the Triple Crown. Affirmed claimed the title in 1978.
Winning the Triple Crown
Winning the Triple Crown has proven to be a difficult feat. As mentioned, in the 1930s and 1940s the majority of Triple Crown winners were made. The last Triple Crown winner was Affirmed in 1978.
There have been numerous horses that have managed to claim 2 of the races but have failed to get the third. Some have come very close with first place finishes in two of the races and then placing in the last race.
Real Quiet was the closest is 1998. He won the first two races and lost the last race by only a nose length. Another close call was Charismatic in 1999 that won the first two races and was on his way to win the last when he broke his leg and ended in third. However, without all three wins a horse cannot be a Triple Crown winner.
Winning Triple Crown is a major event. As the last race nears, excitement builds when a horse is set to claim the crown. This is common and occurs almost every year. One horse is set up to win and everything hangs on that last race.
It is one of the most thrilling moments in horse racing. People come from around the world to experience the celebration when a horse claims the Triple Crown. After a 30year drought, we are eager to see it happen once again.
Simon M Skinner assists withruns internet marketing for BetAmerica - the top online US horse racing betting website.
Although it is true that betting on horses has gradually become a favorite pastime among many people but it can still get very intimidating. However once you learn the basics of horseracing, you would find that it is quite simple and easy to understand. Betting on horseracing is simple enough because you can find out the exact amount being bet on each and every horse participating in the race helping you to spot helpful trends that would aid in predicting the winners among the lot. Horse race betting is all about grabbing the right opportunities and having the ability to judge the results of a race.
Now there are two simple things that you need to know before you bet on any particular horse. It is crucial for you to understand horse racing odds and the term handicapping. Both shall help to increase the possibilities of winning and earning a good haul every time you head towards the racecourse. In this article, we try to explain both of these terms for you to better understand horse race betting and improve your chances of winning.
Horse Racing Odds -
On the tracks, horseracing odds would be offered in two different ways depending on where is it that you look. There would be simple odds like 6/1. This would mean that you would profit six dollars for every dollar that you invest. Know that the minimum bet at every track would be at least $2, which means that your profit would be double the listed odds. Also keep in mind that when odds are presented in this manner, they have been rounded down which implies that your actual profit would be a lot more than the posted odds.
The odds are also presented as the payout on a $2 bet. These odds are posted on the big tote board, which is usually located in the middle of the track as well as in some other places depending on the track. For example, if the listed price is $14.20 then you would make that much on a $2 bet if your horse wins. However, know that the listed prices are not the profit, but they also include the two dollars that you had invested.
The main key to racing odds is the fact that they are determined by a system named pari-mutuel system, which is just some fancy term for the words, mutual betting. This implies that the odds are actually determined by the betters.
Horse Racing Handicapping
This is the ability to figure or predict which particular racehorse is going to win the race on any given day under a certain set of conditions. The factors that would help determine the winning horse and the possible results is what horse race handicapping means.
It can be called an art form; there are specific ways to handicap horses plus specific ways to handicap special breeds of horses. Without the ability to judge and predict winners, horse races would simply lose their appeal. One form of horse race handicapping would be to make the horse carry an amount that could weigh them down while they run. It is important to take all the mundane factors into consideration to predict accurately.
Now that you have a better idea about horse race odd picks and handicapping, use them to your advantage on the tracks. Wise calculated decisions would help you win in this unpredictable betting game. So, go ahead and may lady luck be on your side.
Simon M Skinner has worked in the online gambling industry since 2000. He has worked for some of the top online sportsbooks and now runs internet marketing for http://www.betamerica.com - the top online US horse racing website.